Detailed text transcripts for TV channel - FOXNEWS - 20120717:22:53:00
Carries 1.5 million-barrels a day and will expand to 1.8 million. this is a big deal. charles? >> bret: you add this to what the saudis and u.e. already constructed and you get 6.5 million-barrels a day that can now, we now have the capacity to bring around the strait of hormuz, so it doesn't have to go on water. that means that the amount of oil passing through the strait, decreases from 17 to 10 a day, which makes it much less of a threat to the world economy than it was just on sunday. >> bret: that is hard to over-estimate. syria, it seems like it continues to spiral. now talk of chemical ...